Statutes, codes, and regulations
North Dakota Century Code
Title 10 - CORPORATIONS
Chapter 10-35 - PUBLICLY TRADED CORPORATIONS
Section 10-35-30 - Collection of publicly traded corporation franchise fee - Preferred debt

N.D. Cent. Code § 10-35-30

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Current through 2023 Legislative Sessions
Section 10-35-30 - Collection of publicly traded corporation franchise fee - Preferred debt

The publicly traded corporation franchise fee shall be a debt due from the publicly traded corporation to the state for which an action at law may be maintained after the same shall have been in arrears for a period of one month. The publicly traded corporation franchise fee shall also be a preferred debt in case of insolvency.

N.D.C.C. § 10-35-30